Grace's Guide To British Industrial History

Registered UK Charity (No. 115342)

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 163,167 pages of information and 245,637 images on early companies, their products and the people who designed and built them.

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,919 pages of information and 233,587 images on early companies, their products and the people who designed and built them.

TI Domestic Appliances

From Graces Guide

Part of Tube Investments

1986 Under a new chief executive, TI Group's strategy became one of concentrating on specialized engineering activities; the businesses producing domestic appliances and low margin goods were to be sold[1]

1986 TI sold Russell Hobbs and Tower Housewares to Polly Peck[2]

1987 The division included Creda electric cookers, Parkray solid fuel appliances and Glow Worm gas appliances when it was put up for sale by TI[3]

1987 TI sold its home heating division, Glow Worm Boilers and Parkray, to Hepworth Ceramic Holdings[4]

1987 TI Group sold its New World division to Birmid Qualcast; New World was the largest cooker maker in Britain[5]

1987 GEC was cleared by the Monopolies and Mergers Commission to acquire TI Creda, TI Creda Manufacturing, TI Airdun, TI Jackson and TI Domestic Appliances[6]

See Also

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Sources of Information

  1. The Times, March 10, 1989
  2. The Times, December 12, 1986
  3. The Times Mar. 6, 1987
  4. The Times, April 02, 1987
  5. The Times, May 23, 1987
  6. The Times July 3, 1987